New York Woman Who Duped Investors, Funneled Money to 2017 Trump Fundraiser Pleads Guilty
OYSTER BAY, NEW YORK, JUL 30 – Sherry Xue Li admitted to defrauding over 150 investors and illegally funneling $31.5 million from foreign nationals into U.S. political campaigns, prosecutors said.
- A New York woman pleaded guilty to a $30 million investment scam involving false promises to foreign nationals for access to a 2017 fundraiser for President Donald Trump and a photo-op with him.
- Li and her co-defendant, Lianbo Wang, deceived investors by claiming their funds would secure lawful permanent resident status in the U.S.
- Li's scheme spanned nearly a decade and defrauded investors out of more than $30 million, targeting many Chinese nationals.
- The Trump campaign was not accused of any wrongdoing, and Li could receive a maximum sentence of 20 years in prison on December 5.
22 Articles
22 Articles
NY woman who duped investors, funneled money to Trump fundraiser pleads guilty
A New York businesswoman has pleaded guilty in connection with a financial scheme that ripped off more than $30 million from foreign investors and funneled some of the stolen money into U.S. political campaigns, including a 2017 fundraiser for President Donald Trump during his first term.

New York woman who duped investors, funneled money to 2017 Trump fundraiser pleads guilty
A New York businesswoman has pleaded guilty to ripping off over $30 million from foreign investors and funneling some of the stolen funds to U.S. political campaigns.
New York Woman Who Duped Investors, Funneled Money to 2017 Trump Fundraiser Pleads Guilty
A New York businesswoman has pleaded guilty in connection with a financial scheme that ripped off more than $30 million from foreign investors and funneled some of the stolen money into U.S. political campaigns, including a 2017 fundraiser for President Donald Trump during his first term.
A New York businesswoman has pleaded guilty to a financial trick with which she swindled over $30 million from foreign investors and channelled some of the money stolen into U.S. political campaigns, including a 2017 fundraising event for President Donald Trump during his first term.
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